it does not need defense. >> speak to the u.s. taxpayer. the imf has funds, they have always been a bit short on the budget, to be polite about it. will the u.s. have to come to the rescue of the ukraine with a cover for the international monetary fund? >> first and foremost, the issue has aaine, a country that fairly large population, 45 million, low per capita income, but a bright future if they could get their economy in order, the first order of business is to set policies right. they need a competitive exchange rate, abandoned a virtually crazy economic energy subsidy program that results in a very large budget deficit and results in a very large balance of payments deficit. these have to be fixed. they are fixable. that is the first order of business. >> imf headlines? >> this is from the u.s. treasury, announcing their assistance plans, the $1 billion loan guarantee is planned and they plan to send technical advisers to the ukraine, saying the treasury will be at the center of international aid and the plan will live to the russian t